Data-Centric Security Market Report Scope & Overview:

Data-Centric Security Market Size was valued at USD 5.29 Billion in 2023 and is expected to reach USD 28.9 Billion by 2031 and grow at a CAGR of 23.7 % over the forecast period 2024-2031.

The Growth of the data-centric security market is Driven by the imperative to safeguard, classify, and monitor highly sensitive data throughout its lifecycle. Factors such as government regulations, escalating data breaches, and the vast volume of data handled by businesses across diverse locations are driving the adoption of data-centric security strategies. This approach prioritizes securing data at its storage and processing points, rather than merely focusing on network infrastructure security. By implementing a zero-trust model, where user access is rigorously verified, organizations can significantly reduce cyber risks and enhance data protection measures.

Data-Centric Security Market Revenue Analysis

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Concerning the sensitive information that the company gathers, stores, and manages. Pirates are particularly fond of money or payment information, intellectual property, and sensitive personal information about workers and customers. Data security refers to the processes and technology used to secure data, which is an important component of safeguarding your company's reputation and financial health. Data security includes authentication, access control, backups and recovery, encryptions, data masking, tokenization omission, and erasure.

Market Dynamics


  • Increasing need to discover, classify, and secure sensitive data throughout its lifecycle.

  • Growing government compliances and regulations related to data protection.

  • Rise in data breach incidents, emphasizing the importance of robust security measures.

  • Escalating volume of data stored and processed across various business locations.

  • Inadequate security in network servers and business applications, prompting a data-centric security approach.

  • Growing importance of securing sensitive information shared within organizations.

The increasing imperative to discover, classify, and protect sensitive data throughout its lifecycle is growing from heightened awareness of data vulnerabilities and the severe repercussions of data breaches. Businesses now place significant importance on shielding sensitive information from unauthorized access, tampering, or theft throughout its existence. This is amplified by expanding government regulations and compliance standards focusing on data privacy and protection, compelling organizations to fortify their security protocols. Adhering to these regulations not only mitigates potential penalties but also cultivates trust among customers and stakeholders regarding data security practices. The amalgamation of internal security priorities and external regulatory demands propels the widespread adoption of comprehensive data-centric security approaches within the market.


  • High implementation costs associated with data-centric security solutions.

  • Complexity in integrating data-centric security measures across diverse IT infrastructures.

  • Resistance to change and lack of awareness about the benefits of data-centric security.


  • Adoption of advanced technologies such as AI and machine learning for enhanced data protection.

  • Expansion of data-centric security solutions in emerging markets and industries.

  • Increasing demand for cloud-based data security solutions.

  • Collaboration opportunities between cybersecurity companies and organizations to develop tailored data-centric security solutions.

Leveraging advanced technologies such as AI and machine learning offers a substantial opportunity to increase data protection efforts. These advanced tools excel at real-time analysis of large data sets, pinpointing anomalies, or potential threats, and automating responses, thereby enhancing overall security preparedness. The extension of data-centric security solutions into burgeoning markets and sectors creates fresh pathways for expansion and innovation. These markets often lack robust cybersecurity frameworks, rendering them susceptible to data breaches. By delivering customized data-centric security solutions to these sectors, companies can cater to pressing security requirements and position themselves as pivotal figures in the global cybersecurity arena.


  • Keeping pace with evolving cybersecurity threats and attack techniques.

  • Ensuring compliance with constantly changing data protection regulations.

  • Balancing data security with accessibility and usability for authorized users.

  • Addressing concerns about data privacy and ethical use of data in security practices.

Impact of Economic Downturn:

During an economic downturn, the data center security market tends to experience a mixed impact. On the one hand, there may be a slowdown in new data center construction and upgrades, leading to reduced spending on security solutions. The emphasis on protecting existing infrastructure often increases, driving investment in advanced security technologies. For example, during the financial crisis, the global data center security market witnessed a slight decline in growth rate, dropping from around 14% to 9% annually. This fluctuation highlights the complex relationship between economic conditions and the demand for data center security solutions.

Impact of Russia-Ukraine War

The Russia-Ukraine war can significantly impact the data center security market due to potential disruptions in supply chains, increased cyber threats, and geopolitical uncertainties. Organizations may prioritize robust security measures to safeguard against cyberattacks and data breaches arising from geopolitical tensions.  This could lead to delays in deploying new security solutions and drive-up costs. Sanctions on Russia and the disruption of global energy markets have caused energy prices to soar.

Market segmentation

By Component

  • Software

  • Solution

  • Professional Services

By Deployment

  • On-Premise

  • Cloud

By Organization Size

  • Large Enterprise

  • SME

The large enterprise sector dominated the data-centric security market with holding revenue share of more than 52% market share, driven by increasing cyberattacks targeting their extensive data storage and resource access. These attacks' complexity has necessitated advanced cybersecurity measures like data-centric security solutions, offering improved visibility for monitoring, enforcing data protection policies, and timely incident response. Concurrently, the Small & Medium-sized Enterprise (SME) segment is poised for significant growth during the forecast period, Drive by rising cybersecurity awareness among SMEs facing sophisticated cyber threats Such as phishing, ransomware, and data breaches. This surge in security attacks emphasizes the urgency for SMEs to safeguard their data assets and sensitive information through data-centric security solutions.

By Vertical

  • IT and Enterprises

  • Telecommunication

  • Government

  • BFSI

  • Healthcare

  • Retail & Consumer Goods

  • Defense

  • Others

On the basis of vertical, The BFSI segment Dominates the market with holding revenue share of More than 25%, given its storage of valuable personal, financial, and proprietary data, making it a prime target for cyber threats. The rising complexity and frequency of such attacks underscore the urgent need for robust data security solutions, spurring the demand for data-centric security measures. The adoption of cloud infrastructure in BFSI for scalability and cost efficiency introduces security challenges, emphasizing the need for data-centric security to address data privacy concerns in cloud environments. The IT & telecom segment is growing with the highest CAGR from 2024 to 2031, driven by escalating data volumes and the industry's focus on secure data access for clients. Companies within this sector are striving to enhance brand positioning and revenue streams by offering tailored, industry-specific data-centric security solutions.


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Regional Analysis

The North America region Dominate the data-centric security market with holding revenue share of more than 34%, driven by increasing cyberattacks targeting government agencies, corporations, key infrastructure projects, and individuals. The region's dynamic and complex cyber threat landscape necessitates robust data-centric security solutions, supported by the presence of major players such as Microsoft, IBM, and McAfee. The stringent government regulations such as CCPA and GDPR fuel the demand for advanced cybersecurity solutions to avoid legal and financial repercussions.

The Asia Pacific region is growing with the fastest CAGR, driven by digitalization, AI, IoT adoption in countries such as India, Australia, South Korea, and China, leading to massive data assets requiring protection from diverse cyber threats. Government regulations like ITA in India and Cybersecurity Act in Singapore further contribute to the rising demand for data-centric security in the region.



North America

  • US

  • Canada

  • Mexico


  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Key Players

The major key players are Broadcom Inc., Forcepoint, IBM Corporation, Imperva, Informatica, Micro Focus, Netapp, Inc., Orange Cyberdefense, Talend S.A., Varonisand other players mentioned in the final report.

Orange Cyberdefense - Company Financial Analysis

Company Landscape Analysis

Recent Development:

  • In May 2022, Informatica unveiled a groundbreaking partnership with Oracle, marking a significant milestone in the tech industry. This collaboration has resulted in the seamless integration of Informatica's Intelligent Data Management Cloud with Oracle's cutting-edge autonomous database, Exadata Database Service, and Object Storage. The strategic alliance between Oracle and Informatica paves the way for streamlined migrations to Oracle Cloud Infrastructure (OCI) and enhanced data governance capabilities on OCI and IDMC.

  • In April 2022, Snowflake, a renowned data cloud company, announced a strategic partnership with Informatica. This partnership has led to the integration of Snowflake's innovative data cloud platform with Informatica's Intelligent Data Management Cloud (IDMC), creating a powerful synergy that promises to revolutionize data management practices.

Data-Centric Security Market Report Scope:

Report Attributes Details
Market Size in 2023  USD 5.29 Billion
Market Size by 2031  USD 28.9 Billion
CAGR  CAGR 23.7% From 2024 to 2031
Base Year  2022
Forecast Period  2024-2031
Historical Data  2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Component (Software, Solution, Professional Services)
• By Deployment (On-Premise, Cloud)
• By Organization Size (SMEs And Large Enterprises)
• By Vertical (IT and Enterprises, Telecommunication, Government, BFSI, Healthcare, Retail & Consumer Goods, Defense, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Broadcom Inc., Forcepoint, IBM Corporation, Imperva, Informatica, Micro Focus, Netapp, Inc., Orange Cyberdefense, Talend S.A., and Varonis
Key Drivers •Demand for data-centric security solutions is increasing.
•Data-centric security solutions are being used as a result of stringent restrictions.
Market Restraints •Tolerance of the organization for security breaches caused by internal weaknesses.

Frequently Asked Questions

Ans. The Compound Annual Growth rate for the Data-Centric Security Market over the forecast period is 23.7%.

Ans: The BFSI Vertical segment dominated the Data-Centric Security Market.

Ans. The projected market size for the Data-Centric Security Market is USD 28.9 billion by 2031. 

Ans: North America region is dominant in Data-Centric Security Market.


  • Increasing need to discover, classify, and secure sensitive data throughout its lifecycle.
  • Growing government compliances and regulations related to data protection.
  • Rise in data breach incidents, emphasizing the importance of robust security measures.



1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions


2. Industry Flowchart


3. Research Methodology


4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges


5. Impact Analysis

5.1 Impact of Russia-Ukraine Crisis

5.2 Impact of Economic Slowdown on Major Countries

5.2.1 Introduction

5.2.2 United States

5.2.3 Canada

5.2.4 Germany

5.2.5 France

5.2.6 UK

5.2.7 China

5.2.8 Japan

5.2.9 South Korea

5.2.9 India


6. Value Chain Analysis


7. Porter’s 5 Forces Model


8.  Pest Analysis


9. Data-Centric Security Market Segmentation, By Component

9.1 Introduction

9.2 Trend Analysis

9.3 Software

9.4 Solution

9.5 Professional Services


10. Data-Centric Security Market Segmentation, By Deployment

10.1 Introduction

10.2 Trend Analysis

10.3 On-Premise

10.4 Cloud


11. Data-Centric Security Market Segmentation, By Organization Size

11.1 Introduction

11.2 Trend Analysis

11.3 Large Enterprise

11.4 SME


12. Data-Centric Security Market Segmentation, By Vertical

12.1 Introduction

12.2 Trend Analysis

12.3 IT and Enterprises

12.4 Telecommunication

12.5 Government

12.6 BFSI

12.7 Healthcare

12.8 Retail & Consumer Goods

12.9 Defense

12.10 Others


13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Eastern Europe Poland Romania Hungary Turkey Rest of Eastern Europe

13.3.2 Western Europe Germany France UK Italy Spain Netherlands Switzerland Austria Rest of Western Europe

13.4 Asia-Pacific

13.4.1 China

13.4.2 India

13.4.3 Japan

13.4.4 South Korea

13.4.5 Vietnam

13.4.6 Singapore

13.4.7 Australia

13.4.8 Rest of Asia Pacific

13.5 The Middle East & Africa

13.5.1 Middle East UAE Egypt Saudi Arabia Qatar Rest of the Middle East

13.5.2 Africa Nigeria South Africa Rest of Africa

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Colombia

13.6.4 Rest of Latin America


14. Company Profiles

14.1 Broadcom Inc.

14.1.1 Company Overview

14.1.2 Financials

14.1.3 Products/ Services Offered

14.1.4 SWOT Analysis

14.1.5 The SNS View

14.2 Forcepoint

14.2.1 Company Overview

14.2.2 Financials

14.2.3 Products/ Services Offered

14.2.4 SWOT Analysis

14.2.5 The SNS View

14.3 IBM Corporation

14.3.1 Company Overview

14.3.2 Financials

14.3.3 Products/ Services Offered

14.3.4 SWOT Analysis

14.3.5 The SNS View

14.4 Imperva

14.4 Company Overview

14.4.2 Financials

14.4.3 Products/ Services Offered

14.4.4 SWOT Analysis

14.4.5 The SNS View

14.5 Informatica

14.5.1 Company Overview

14.5.2 Financials

14.5.3 Products/ Services Offered

14.5.4 SWOT Analysis

14.5.5 The SNS View

14.6 Micro Focus

14.6.1 Company Overview

14.6.2 Financials

14.6.3 Products/ Services Offered

14.6.4 SWOT Analysis

14.6.5 The SNS View

14.7 Netapp, Inc.

14.7.1 Company Overview

14.7.2 Financials

14.7.3 Products/ Services Offered

14.7.4 SWOT Analysis

14.7.5 The SNS View

14.8 Orange Cyberdefense

14.8.1 Company Overview

14.8.2 Financials

14.8.3 Products/ Services Offered

14.8.4 SWOT Analysis

14.8.5 The SNS View

14.9 Talend S.A.

14.9.1 Company Overview

14.9.2 Financials

14.9.3 Products/ Services Offered

14.9.4 SWOT Analysis

14.9.5 The SNS View

14.10 Varonis

14.10.1 Company Overview

14.10.2 Financials

14.10.3 Products/ Services Offered

14.10.4 SWOT Analysis

14.10.5 The SNS View


15. Competitive Landscape

15.1 Competitive Benchmarking

15.2 Market Share Analysis

15.3 Recent Developments

15.3.1 Industry News

15.3.2 Company News

15.3.3 Mergers & Acquisitions


16. USE Cases and Best Practices


17. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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